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thank

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thank
 

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thank
you<00:00:13.519><c> okay</c><00:00:13.799><c> so</c><00:00:14.639><c> uh</c><00:00:15.080><c> I</c><00:00:15.200><c> believe</c><00:00:15.639><c> that</c><00:00:15.920><c> the</c><00:00:16.119><c> most</c>

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you okay so uh I believe that the most
 

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you okay so uh I believe that the most
important<00:00:16.880><c> thing</c><00:00:17.199><c> is</c><00:00:17.400><c> to</c><00:00:18.119><c> implement</c><00:00:18.680><c> new</c><00:00:18.960><c> idea</c>

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important thing is to implement new idea
 

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important thing is to implement new idea
and<00:00:19.520><c> the</c><00:00:19.680><c> mechanism</c><00:00:20.240><c> into</c><00:00:20.920><c> society</c><00:00:21.920><c> if</c><00:00:22.039><c> you</c>

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and the mechanism into society if you
 

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and the mechanism into society if you
ask<00:00:22.480><c> me</c><00:00:23.080><c> the</c><00:00:23.199><c> way</c><00:00:23.439><c> to</c><00:00:23.560><c> start</c><00:00:23.920><c> the</c><00:00:24.279><c> is</c>

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ask me the way to start the is
 

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ask me the way to start the is
implementation<00:00:25.279><c> in</c><00:00:25.439><c> the</c><00:00:25.599><c> real</c><00:00:25.960><c> Society</c><00:00:26.920><c> I</c>

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implementation in the real Society I
 

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implementation in the real Society I
will<00:00:27.320><c> answer</c><00:00:28.000><c> in</c><00:00:28.240><c> rural</c><00:00:28.760><c> area</c><00:00:29.080><c> of</c><00:00:29.279><c> Japan</c><00:00:30.080><c> where</c>

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will answer in rural area of Japan where
 

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will answer in rural area of Japan where
the<00:00:30.519><c> population</c><00:00:31.039><c> is</c><00:00:31.279><c> rapidly</c>

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Decline<00:00:35.399><c> and</c><00:00:35.680><c> Japan's</c><00:00:36.200><c> population</c><00:00:36.719><c> peaked</c><00:00:37.120><c> in</c>

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Decline and Japan's population peaked in
 

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Decline and Japan's population peaked in
2018<00:00:38.280><c> and</c><00:00:38.600><c> has</c><00:00:38.800><c> continued</c><00:00:39.600><c> to</c><00:00:39.800><c> decline</c><00:00:40.360><c> and</c><00:00:40.520><c> it</c>

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2018 and has continued to decline and it
 

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2018 and has continued to decline and it
is<00:00:40.760><c> fair</c><00:00:41.000><c> to</c><00:00:41.200><c> say</c><00:00:41.520><c> that</c><00:00:41.800><c> Japan</c><00:00:42.120><c> is</c><00:00:42.320><c> one</c><00:00:42.480><c> of</c><00:00:42.600><c> the</c>

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is fair to say that Japan is one of the
 

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is fair to say that Japan is one of the
country<00:00:43.399><c> in</c><00:00:43.520><c> the</c><00:00:43.680><c> world</c><00:00:44.000><c> with</c><00:00:44.160><c> the</c><00:00:44.360><c> most</c>

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country in the world with the most
 

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country in the world with the most
declining<00:00:45.960><c> aging</c>

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declining aging
 

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declining aging
population

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population
 

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population
and<00:00:50.000><c> and</c><00:00:50.280><c> if</c><00:00:50.600><c> if</c><00:00:51.000><c> it</c><00:00:51.440><c> it</c><00:00:51.559><c> will</c><00:00:51.760><c> be</c><00:00:51.920><c> become</c><00:00:52.239><c> a</c>

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and and if if it it will be become a
 

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and and if if it it will be become a
serious<00:00:52.719><c> issue</c><00:00:52.960><c> not</c><00:00:53.120><c> only</c><00:00:53.640><c> Japan</c><00:00:54.640><c> uh</c><00:00:54.800><c> but</c><00:00:55.280><c> for</c>

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serious issue not only Japan uh but for
 

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serious issue not only Japan uh but for
East<00:00:56.039><c> Asia</c><00:00:56.520><c> also</c><00:00:57.280><c> Thailand</c><00:00:57.800><c> is</c><00:00:58.000><c> about</c><00:00:58.239><c> to</c>

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East Asia also Thailand is about to
 

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East Asia also Thailand is about to
Center<00:00:58.960><c> time</c><00:00:59.160><c> of</c><00:00:59.320><c> the</c><00:00:59.480><c> population</c><00:01:00.399><c> decline</c>

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Center time of the population decline
 

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Center time of the population decline
the<00:01:01.600><c> map</c><00:01:01.960><c> of</c><00:01:02.199><c> Japan</c><00:01:02.559><c> is</c><00:01:02.760><c> colored</c><00:01:03.120><c> by</c><00:01:03.320><c> Red</c><00:01:03.600><c> by</c>

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the map of Japan is colored by Red by
 

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the map of Japan is colored by Red by
local<00:01:04.119><c> governments</c><00:01:04.640><c> at</c><00:01:04.839><c> that</c><00:01:05.280><c> uh</c><00:01:05.479><c> predict</c><00:01:05.960><c> dat</c>

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local governments at that uh predict dat
 

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local governments at that uh predict dat
to<00:01:06.400><c> likely</c><00:01:06.840><c> Disappear</c><00:01:07.520><c> by</c>

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to likely Disappear by
 

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to likely Disappear by
20150<00:01:09.240><c> about</c><00:01:09.479><c> 40%</c><00:01:10.119><c> of</c><00:01:10.280><c> the</c><00:01:10.400><c> more</c><00:01:10.640><c> than</c>

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20150 about 40% of the more than
 

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20150 about 40% of the more than
1,700<00:01:12.680><c> basic</c><00:01:13.080><c> local</c><00:01:13.439><c> governments</c><00:01:13.960><c> are</c><00:01:14.200><c> in</c>

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1,700 basic local governments are in
 

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1,700 basic local governments are in
danger<00:01:14.799><c> of</c>

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danger of
 

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danger of
Disappearing<00:01:17.880><c> we</c><00:01:18.040><c> have</c><00:01:18.240><c> decided</c><00:01:18.600><c> to</c><00:01:18.759><c> focus</c>

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Disappearing we have decided to focus
 

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Disappearing we have decided to focus
our<00:01:19.600><c> attention</c><00:01:20.600><c> uh</c><00:01:20.759><c> on</c><00:01:21.000><c> Japan's</c><00:01:21.439><c> local</c>

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our attention uh on Japan's local
 

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our attention uh on Japan's local
community<00:01:22.240><c> and</c><00:01:22.439><c> local</c><00:01:22.799><c> government</c><00:01:23.280><c> to</c>

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community and local government to
 

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community and local government to
develop<00:01:24.159><c> and</c><00:01:24.439><c> imp</c><00:01:24.799><c> Implement</c><00:01:25.280><c> a</c><00:01:25.439><c> new</c>

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develop and imp Implement a new
 

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develop and imp Implement a new
community<00:01:26.119><c> operating</c><00:01:26.640><c> system</c><00:01:27.000><c> local</c><00:01:27.400><c> coup</c><00:01:28.280><c> by</c>

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community operating system local coup by
 

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community operating system local coup by
Taking<00:01:28.759><c> Back</c><00:01:28.960><c> the</c><00:01:29.159><c> loads</c><00:01:29.560><c> previous</c><00:01:30.240><c> left</c><00:01:30.439><c> to</c>

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Taking Back the loads previous left to
 

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Taking Back the loads previous left to
government<00:01:31.240><c> agency</c><00:01:31.759><c> and</c><00:01:31.920><c> putting</c><00:01:32.240><c> them</c><00:01:32.439><c> in</c>

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government agency and putting them in
 

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government agency and putting them in
our<00:01:32.880><c> own</c><00:01:33.159><c> hands</c><00:01:33.960><c> we</c><00:01:34.079><c> will</c><00:01:34.240><c> build</c><00:01:34.520><c> a</c><00:01:34.720><c> foundation</c>

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our own hands we will build a foundation
 

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our own hands we will build a foundation
for<00:01:35.360><c> the</c><00:01:35.479><c> more</c><00:01:35.720><c> flexible</c><00:01:36.200><c> and</c><00:01:36.399><c> forfeiting</c><00:01:37.040><c> way</c>

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for the more flexible and forfeiting way
 

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for the more flexible and forfeiting way
of<00:01:37.640><c> life</c><00:01:38.479><c> numerous</c><00:01:39.000><c> small</c><00:01:39.399><c> community</c><00:01:39.960><c> will</c><00:01:40.159><c> be</c>

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of life numerous small community will be
 

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of life numerous small community will be
created<00:01:41.439><c> and</c><00:01:41.600><c> the</c><00:01:41.799><c> people</c><00:01:42.119><c> who</c><00:01:42.320><c> move</c><00:01:42.640><c> fre</c>

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created and the people who move fre
 

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created and the people who move fre
between<00:01:43.439><c> them</c><00:01:43.640><c> will</c><00:01:43.840><c> solve</c><00:01:44.280><c> problem</c><00:01:44.719><c> and</c>

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between them will solve problem and
 

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between them will solve problem and
create<00:01:45.159><c> a</c><00:01:45.240><c> new</c><00:01:45.439><c> value</c><00:01:45.759><c> through</c><00:01:46.000><c> the</c>

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create a new value through the
 

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create a new value through the
co-creation<00:01:46.719><c> and</c><00:01:46.880><c> the</c><00:01:47.000><c> mutual</c>

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co-creation and the mutual
 

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co-creation and the mutual
assistance<00:01:50.159><c> local</c><00:01:50.560><c> C</c><00:01:50.840><c> is</c><00:01:50.920><c> a</c><00:01:51.040><c> true</c><00:01:51.600><c> mechanism</c>

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assistance local C is a true mechanism
 

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assistance local C is a true mechanism
for<00:01:52.240><c> the</c><00:01:52.360><c> founding</c><00:01:52.719><c> the</c><00:01:52.840><c> local</c><00:01:53.119><c> Commons</c>

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for the founding the local Commons
 

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for the founding the local Commons
whereby<00:01:53.920><c> local</c><00:01:54.280><c> assets</c><00:01:54.600><c> such</c><00:01:54.799><c> as</c><00:01:55.040><c> bacon</c>

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whereby local assets such as bacon
 

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whereby local assets such as bacon
houses<00:01:56.119><c> and</c><00:01:56.280><c> the</c><00:01:56.399><c> best</c><00:01:56.640><c> for</c><00:01:56.880><c> us</c><00:01:57.039><c> in</c><00:01:57.159><c> a</c>

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houses and the best for us in a
 

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houses and the best for us in a
community<00:01:57.799><c> can</c><00:01:57.960><c> be</c><00:01:58.200><c> very</c><00:01:58.479><c> accessible</c><00:01:58.920><c> and</c>

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community can be very accessible and
 

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community can be very accessible and
neutal<00:01:59.560><c> as</c><00:01:59.920><c> Commons</c><00:02:00.479><c> while</c><00:02:00.680><c> raising</c><00:02:01.039><c> funded</c>

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neutal as Commons while raising funded
 

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neutal as Commons while raising funded
external<00:02:02.439><c> resources</c><00:02:03.439><c> the</c><00:02:03.640><c> goal</c><00:02:03.880><c> is</c><00:02:04.200><c> optimally</c>

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external resources the goal is optimally
 

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external resources the goal is optimally
redistribute<00:02:05.719><c> and</c><00:02:06.000><c> invest</c><00:02:06.520><c> Commons</c><00:02:07.200><c> and</c>

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redistribute and invest Commons and
 

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redistribute and invest Commons and
common<00:02:07.680><c> fund</c><00:02:08.000><c> with</c><00:02:08.360><c> the</c><00:02:08.520><c> involvement</c><00:02:09.200><c> of</c><00:02:09.360><c> the</c>

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common fund with the involvement of the
 

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common fund with the involvement of the
former<00:02:10.039><c> government</c><00:02:11.039><c> or</c><00:02:11.360><c> Council</c><00:02:11.840><c> in</c>

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former government or Council in
 

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former government or Council in
governance<00:02:13.080><c> now</c><00:02:13.280><c> let's</c><00:02:13.560><c> describe</c><00:02:14.040><c> the</c>

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governance now let's describe the
 

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governance now let's describe the
specific<00:02:14.760><c> case</c><00:02:15.200><c> study</c><00:02:16.200><c> the</c><00:02:16.480><c> first</c><00:02:16.879><c> case</c><00:02:17.319><c> is</c>

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specific case study the first case is
 

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specific case study the first case is
yakos<00:02:18.319><c> Village</c><00:02:19.239><c> a</c><00:02:19.519><c> type</c><00:02:19.879><c> of</c><00:02:20.440><c> depopulated</c><00:02:21.080><c> area</c>

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yakos Village a type of depopulated area
 

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yakos Village a type of depopulated area
in<00:02:21.519><c> Japan</c><00:02:21.920><c> currently</c><00:02:22.400><c> yakos</c><00:02:22.879><c> Village</c><00:02:23.239><c> has</c><00:02:23.360><c> a</c>

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in Japan currently yakos Village has a
 

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in Japan currently yakos Village has a
population<00:02:24.040><c> of</c><00:02:24.360><c> less</c><00:02:24.560><c> than</c>

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population of less than
 

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population of less than
770<00:02:26.680><c> and</c><00:02:26.840><c> it's</c><00:02:27.000><c> facing</c><00:02:27.680><c> difficulty</c><00:02:27.920><c> is</c>

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770 and it's facing difficulty is
 

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770 and it's facing difficulty is
maintaining<00:02:28.720><c> the</c><00:02:29.000><c> infrastructure</c><00:02:30.239><c> that</c><00:02:30.440><c> is</c>

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maintaining the infrastructure that is
 

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maintaining the infrastructure that is
essential<00:02:31.200><c> for</c><00:02:31.480><c> daily</c><00:02:31.879><c> life</c><00:02:32.560><c> with</c><00:02:32.760><c> a</c><00:02:32.879><c> sense</c><00:02:33.120><c> of</c>

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essential for daily life with a sense of
 

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essential for daily life with a sense of
Crisis<00:02:33.800><c> that</c><00:02:34.000><c> the</c><00:02:34.239><c> village</c><00:02:34.560><c> will</c><00:02:34.720><c> be</c>

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Crisis that the village will be
 

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Crisis that the village will be
disappear<00:02:35.519><c> if</c><00:02:35.720><c> nothing</c><00:02:36.000><c> is</c><00:02:36.160><c> done</c><00:02:37.040><c> we</c>

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disappear if nothing is done we
 

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disappear if nothing is done we
contacted<00:02:38.319><c> by</c><00:02:38.480><c> the</c><00:02:38.640><c> villagers</c><00:02:39.200><c> about</c><00:02:39.480><c> 3</c><00:02:39.720><c> years</c>

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contacted by the villagers about 3 years
 

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contacted by the villagers about 3 years
ago<00:02:40.319><c> and</c><00:02:40.519><c> then</c><00:02:40.959><c> offered</c><00:02:41.440><c> this</c>

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ago and then offered this
 

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ago and then offered this
proposal<00:02:44.120><c> let's</c><00:02:44.360><c> let</c><00:02:44.599><c> people</c><00:02:44.840><c> around</c><00:02:45.120><c> the</c>

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proposal let's let people around the
 

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proposal let's let people around the
world<00:02:45.480><c> know</c><00:02:45.680><c> what</c><00:02:45.879><c> is</c><00:02:46.040><c> going</c><00:02:46.239><c> on</c><00:02:46.519><c> makosi</c>

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world know what is going on makosi
 

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world know what is going on makosi
Village<00:02:47.519><c> and</c><00:02:47.760><c> get</c><00:02:48.080><c> our</c><00:02:48.400><c> friends</c><00:02:49.360><c> so</c><00:02:49.560><c> let</c><00:02:49.680><c> me</c>

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Village and get our friends so let me
 

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Village and get our friends so let me
show<00:02:50.080><c> the</c>

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video<00:02:54.800><c> this</c><00:02:54.920><c> is</c><00:02:55.120><c> the</c><00:02:55.319><c> rural</c><00:02:55.920><c> community</c><00:02:56.440><c> of</c>

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video this is the rural community of
 

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video this is the rural community of
yamakoshi<00:02:57.519><c> Japan</c><00:02:58.280><c> in</c><00:02:58.680><c> 2004</c><00:02:59.440><c> a</c><00:03:00.000><c> massive</c>

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yamakoshi Japan in 2004 a massive
 

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yamakoshi Japan in 2004 a massive
earthquake<00:03:01.000><c> hit</c><00:03:01.319><c> this</c><00:03:01.560><c> part</c><00:03:01.720><c> of</c><00:03:01.959><c> Japan</c><00:03:02.560><c> many</c>

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earthquake hit this part of Japan many
 

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earthquake hit this part of Japan many
left<00:03:03.159><c> and</c><00:03:03.400><c> never</c><00:03:03.760><c> came</c>

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back<00:03:12.120><c> to</c><00:03:12.239><c> help</c><00:03:12.440><c> deal</c><00:03:12.599><c> with</c><00:03:12.720><c> this</c><00:03:12.920><c> pero</c><00:03:13.319><c> has</c><00:03:13.480><c> got</c>

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back to help deal with this pero has got
 

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back to help deal with this pero has got
some<00:03:13.879><c> ideas</c><00:03:14.400><c> in</c><00:03:14.519><c> the</c><00:03:14.640><c> digital</c>

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space<00:03:19.480><c> when</c><00:03:19.599><c> you</c><00:03:19.799><c> buy</c><00:03:20.040><c> an</c><00:03:20.239><c> nft</c><00:03:20.799><c> it's</c><00:03:21.040><c> almost</c>

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space when you buy an nft it's almost
 

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space when you buy an nft it's almost
like<00:03:21.599><c> your</c><00:03:22.200><c> passport</c><00:03:23.200><c> Bea</c><00:03:23.519><c> digital</c><00:03:23.920><c> villager</c>

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like your passport Bea digital villager
 

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like your passport Bea digital villager
how<00:03:24.599><c> many</c><00:03:24.840><c> do</c><00:03:24.959><c> you</c><00:03:25.120><c> have</c>

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how many do you have
 

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how many do you have
now<00:03:28.319><c> there's</c><00:03:28.519><c> a,</c><00:03:29.120><c> and</c><00:03:29.400><c> half</c>

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yes<00:03:39.680><c> it's</c><00:03:39.799><c> worth</c><00:03:40.040><c> not</c><00:03:40.360><c> underestimating</c><00:03:41.120><c> the</c>

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yes it's worth not underestimating the
 

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yes it's worth not underestimating the
value<00:03:41.720><c> of</c><00:03:41.879><c> that</c><00:03:42.120><c> Legacy</c><00:03:42.680><c> and</c><00:03:42.799><c> I</c><00:03:42.959><c> hope</c><00:03:43.280><c> web</c><00:03:43.519><c> 3</c>

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value of that Legacy and I hope web 3
 

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value of that Legacy and I hope web 3
technology<00:03:44.239><c> can</c><00:03:44.360><c> help</c><00:03:44.640><c> bridge</c><00:03:45.000><c> The</c><00:03:45.200><c> Divide</c>

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technology can help bridge The Divide
 

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technology can help bridge The Divide
between<00:03:46.000><c> young</c><00:03:46.239><c> generations</c><00:03:47.159><c> and</c><00:03:47.360><c> historical</c>

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legacies<00:03:52.720><c> current</c><00:03:53.319><c> the</c><00:03:53.480><c> number</c><00:03:53.799><c> of</c><00:03:53.920><c> the</c>

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legacies current the number of the
 

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legacies current the number of the
digital<00:03:54.480><c> Villages</c><00:03:55.040><c> both</c><00:03:55.319><c> domestic</c><00:03:56.000><c> and</c>

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digital Villages both domestic and
 

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digital Villages both domestic and
international<00:03:56.879><c> exes</c><00:03:57.799><c> 1,700</c><00:03:58.799><c> more</c><00:03:59.040><c> than</c>

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international exes 1,700 more than
 

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international exes 1,700 more than
double<00:03:59.799><c> the</c><00:03:59.920><c> number</c><00:04:00.159><c> of</c><00:04:00.319><c> the</c><00:04:00.480><c> real</c>

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double the number of the real
 

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double the number of the real
Villages<00:04:03.439><c> the</c><00:04:03.640><c> second</c><00:04:04.120><c> is</c><00:04:04.360><c> about</c><00:04:04.799><c> the</c>

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Villages the second is about the
 

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Villages the second is about the
relationship<00:04:06.079><c> between</c><00:04:06.439><c> the</c><00:04:06.680><c> sustainably</c>

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relationship between the sustainably
 

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relationship between the sustainably
regenerated<00:04:08.319><c> nature</c><00:04:08.640><c> and</c><00:04:08.959><c> sustainable</c><00:04:09.480><c> local</c>

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regenerated nature and sustainable local
 

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regenerated nature and sustainable local
community<00:04:10.640><c> we</c><00:04:10.879><c> have</c><00:04:11.040><c> focused</c><00:04:11.760><c> an</c><00:04:12.120><c> abundant</c><00:04:12.640><c> of</c>

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community we have focused an abundant of
 

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community we have focused an abundant of
nature<00:04:13.120><c> in</c><00:04:13.280><c> Japan</c><00:04:13.720><c> 70%</c><00:04:14.720><c> of</c><00:04:14.959><c> the</c><00:04:15.319><c> country</c><00:04:15.840><c> land</c>

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nature in Japan 70% of the country land
 

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nature in Japan 70% of the country land
is<00:04:16.639><c> forested</c><00:04:17.639><c> and</c><00:04:17.799><c> the</c><00:04:18.000><c> archipelago</c><00:04:18.680><c> is</c>

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is forested and the archipelago is
 

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is forested and the archipelago is
surrounded<00:04:19.280><c> by</c><00:04:19.400><c> the</c><00:04:19.560><c> Sea</c><00:04:20.440><c> on</c><00:04:20.600><c> the</c><00:04:20.720><c> other</c><00:04:21.000><c> hand</c>

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surrounded by the Sea on the other hand
 

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surrounded by the Sea on the other hand
as<00:04:21.400><c> a</c><00:04:21.600><c> result</c><00:04:21.880><c> of</c><00:04:22.079><c> the</c><00:04:22.400><c> decline</c><00:04:22.880><c> of</c><00:04:23.040><c> the</c>

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as a result of the decline of the
 

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as a result of the decline of the
forestry<00:04:23.800><c> and</c><00:04:23.960><c> the</c><00:04:24.080><c> other</c><00:04:24.320><c> industry</c><00:04:25.120><c> planted</c>

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forestry and the other industry planted
 

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forestry and the other industry planted
Forest<00:04:26.160><c> have</c><00:04:26.440><c> become</c><00:04:27.080><c> uh</c><00:04:27.280><c> desolate</c><00:04:28.040><c> creatures</c>

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Forest have become uh desolate creatures
 

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Forest have become uh desolate creatures
are<00:04:28.800><c> disappearing</c>

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are disappearing
 

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are disappearing
fish<00:04:31.000><c> harder</c><00:04:31.320><c> to</c><00:04:31.560><c> catch</c><00:04:32.240><c> and</c><00:04:32.360><c> the</c><00:04:32.520><c> risk</c><00:04:32.840><c> of</c><00:04:33.000><c> the</c>

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fish harder to catch and the risk of the
 

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fish harder to catch and the risk of the
landslides<00:04:33.919><c> and</c><00:04:34.120><c> other</c><00:04:34.880><c> disaster</c><00:04:35.400><c> is</c>

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landslides and other disaster is
 

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landslides and other disaster is
increasing<00:04:36.360><c> it</c><00:04:36.479><c> is</c><00:04:36.680><c> important</c><00:04:37.160><c> to</c><00:04:37.360><c> guarantee</c>

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increasing it is important to guarantee
 

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increasing it is important to guarantee
economic<00:04:38.440><c> feasibility</c><00:04:39.320><c> while</c><00:04:39.560><c> restoring</c><00:04:40.160><c> the</c>

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economic feasibility while restoring the
 

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economic feasibility while restoring the
cyc<00:04:40.680><c> of</c><00:04:41.199><c> nature</c><00:04:42.199><c> s</c><00:04:42.759><c> makes</c><00:04:43.560><c> it's</c><00:04:44.039><c> possible</c><00:04:44.400><c> to</c>

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cyc of nature s makes it's possible to
 

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cyc of nature s makes it's possible to
rise<00:04:44.919><c> fund</c><00:04:45.160><c> for</c><00:04:45.360><c> the</c><00:04:45.479><c> maintaining</c><00:04:46.039><c> of</c><00:04:46.240><c> Japan's</c>

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rise fund for the maintaining of Japan's
 

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rise fund for the maintaining of Japan's
local<00:04:46.960><c> FL</c><00:04:47.520><c> in</c><00:04:47.680><c> the</c><00:04:47.759><c> oceans</c><00:04:48.280><c> by</c><00:04:48.440><c> allowing</c><00:04:48.960><c> preh</c>

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local FL in the oceans by allowing preh
 

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local FL in the oceans by allowing preh
holding<00:04:49.600><c> R</c><00:04:49.880><c> for</c><00:04:50.160><c> the</c><00:04:50.280><c> carbon</c><00:04:50.639><c> credit</c><00:04:51.039><c> to</c><00:04:51.240><c> be</c>

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holding R for the carbon credit to be
 

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holding R for the carbon credit to be
created<00:04:52.520><c> to</c><00:04:52.759><c> be</c><00:04:53.039><c> exchanged</c><00:04:53.680><c> on</c><00:04:53.800><c> the</c>

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created to be exchanged on the
 

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created to be exchanged on the
blockchain<00:04:55.120><c> by</c><00:04:55.280><c> using</c><00:04:55.759><c> the</c><00:04:56.440><c> fun</c><00:04:56.880><c> by</c><00:04:57.039><c> using</c><00:04:57.280><c> the</c>

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blockchain by using the fun by using the
 

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blockchain by using the fun by using the
fund<00:04:57.720><c> raise</c><00:04:58.039><c> to</c><00:04:58.199><c> maintain</c><00:04:58.680><c> natural</c><00:04:59.039><c> resources</c>

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fund raise to maintain natural resources
 

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fund raise to maintain natural resources
carbon<00:05:00.000><c> credit</c><00:05:00.360><c> can</c><00:05:00.520><c> be</c><00:05:00.680><c> created</c><00:05:01.680><c> the</c><00:05:01.919><c> project</c>

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carbon credit can be created the project
 

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carbon credit can be created the project
is<00:05:02.639><c> also</c><00:05:03.000><c> promoting</c><00:05:03.520><c> the</c><00:05:03.800><c> de</c><00:05:04.280><c> democratization</c>

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is also promoting the de democratization
 

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is also promoting the de democratization
of<00:05:05.240><c> the</c><00:05:05.400><c> emission</c><00:05:05.759><c> trading</c><00:05:06.520><c> so</c><00:05:06.720><c> that</c>

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of the emission trading so that
 

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of the emission trading so that
individual<00:05:07.680><c> as</c><00:05:07.800><c> well</c><00:05:07.960><c> as</c><00:05:08.199><c> companies</c><00:05:09.000><c> both</c>

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individual as well as companies both
 

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individual as well as companies both
domestic<00:05:09.919><c> and</c><00:05:10.360><c> international</c><00:05:11.080><c> can</c>

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domestic and international can
 

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domestic and international can
participate<00:05:12.039><c> in</c><00:05:12.160><c> the</c><00:05:12.400><c> trading</c><00:05:13.400><c> as</c><00:05:13.560><c> our</c><00:05:13.919><c> first</c>

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participate in the trading as our first
 

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participate in the trading as our first
site<00:05:15.000><c> for</c><00:05:15.320><c> creating</c><00:05:15.720><c> the</c><00:05:15.880><c> carbon</c><00:05:16.240><c> credit</c><00:05:17.160><c> we</c>

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site for creating the carbon credit we
 

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site for creating the carbon credit we
have<00:05:17.880><c> a</c><00:05:18.080><c> partnership</c><00:05:18.759><c> with</c><00:05:19.039><c> o</c><00:05:20.000><c> on</c><00:05:20.120><c> the</c><00:05:20.240><c> other</c>

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have a partnership with o on the other
 

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have a partnership with o on the other
hand<00:05:20.800><c> carbon</c><00:05:21.120><c> credit</c><00:05:21.400><c> are</c><00:05:21.639><c> not</c><00:05:21.840><c> only</c><00:05:22.160><c> things</c>

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hand carbon credit are not only things
 

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hand carbon credit are not only things
generate<00:05:23.000><c> for</c><00:05:23.720><c> from</c><00:05:24.000><c> the</c><00:05:24.160><c> forest</c><00:05:24.560><c> maintenance</c>

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generate for from the forest maintenance
 

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generate for from the forest maintenance
we<00:05:25.800><c> working</c><00:05:26.160><c> to</c><00:05:26.440><c> create</c><00:05:27.000><c> the</c><00:05:27.240><c> biodiversity</c>

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we working to create the biodiversity
 

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we working to create the biodiversity
forest<00:05:29.000><c> and</c><00:05:29.160><c> the</c><00:05:29.240><c> resource</c><00:05:29.720><c> the</c><00:05:29.840><c> nature</c><00:05:30.160><c> that</c>

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forest and the resource the nature that
 

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forest and the resource the nature that
human<00:05:30.720><c> have</c><00:05:30.960><c> destroyed</c><00:05:31.800><c> to</c><00:05:32.039><c> create</c><00:05:32.319><c> a</c>

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human have destroyed to create a
 

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human have destroyed to create a
watershed<00:05:33.000><c> where</c><00:05:33.240><c> diverse</c><00:05:33.639><c> creatures</c><00:05:34.120><c> and</c>

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watershed where diverse creatures and
 

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watershed where diverse creatures and
can<00:05:34.680><c> return</c><00:05:35.000><c> and</c><00:05:35.199><c> the</c><00:05:35.639><c> disaster</c><00:05:36.160><c> are</c><00:05:36.400><c> less</c>

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can return and the disaster are less
 

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can return and the disaster are less
likely<00:05:37.080><c> to</c><00:05:37.280><c> occur</c><00:05:38.280><c> the</c><00:05:38.400><c> forest</c><00:05:38.919><c> is</c><00:05:39.160><c> now</c><00:05:40.039><c> is</c><00:05:40.639><c> uh</c>

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likely to occur the forest is now is uh
 

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likely to occur the forest is now is uh
uh<00:05:42.919><c> uh</c><00:05:43.280><c> now</c><00:05:43.520><c> in</c><00:05:43.680><c> the</c><00:05:43.880><c> position</c><00:05:44.199><c> to</c><00:05:44.440><c> generate</c>

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uh uh now in the position to generate
 

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uh uh now in the position to generate
carbon<00:05:45.280><c> crate</c><00:05:45.759><c> worth</c><00:05:46.880><c> 3,000</c>

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carbon crate worth 3,000
 

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carbon crate worth 3,000
30,000<00:05:49.560><c> sorry</c>

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30,000 sorry
 

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30,000 sorry
$330,000<00:05:51.479><c> US</c><00:05:51.840><c> dollar</c><00:05:52.319><c> per</c><00:05:52.560><c> year</c><00:05:53.479><c> this</c><00:05:53.759><c> model</c>

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$330,000 US dollar per year this model
 

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$330,000 US dollar per year this model
we<00:05:54.600><c> which</c><00:05:54.800><c> can</c><00:05:54.960><c> be</c><00:05:55.199><c> def</c><00:05:55.400><c> financed</c><00:05:55.919><c> while</c>

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we which can be def financed while
 

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we which can be def financed while
carrying<00:05:56.600><c> for</c><00:05:56.800><c> the</c><00:05:56.880><c> local</c><00:05:57.240><c> nature</c><00:05:57.680><c> is</c>

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carrying for the local nature is
 

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carrying for the local nature is
beginning<00:05:58.240><c> to</c><00:05:58.360><c> be</c><00:05:58.680><c> deployed</c><00:05:59.120><c> in</c><00:05:59.240><c> the</c><00:05:59.319><c> other</c>

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beginning to be deployed in the other
 

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beginning to be deployed in the other
regions<00:06:01.280><c> local</c><00:06:01.720><c> coup</c><00:06:02.680><c> uh</c><00:06:02.880><c> is</c><00:06:03.160><c> a</c><00:06:03.880><c> uh</c><00:06:04.080><c> the</c>

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regions local coup uh is a uh the
 

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regions local coup uh is a uh the
practice<00:06:04.800><c> is</c><00:06:04.960><c> still</c><00:06:05.199><c> in</c><00:06:05.319><c> the</c><00:06:05.520><c> process</c><00:06:05.919><c> but</c><00:06:06.120><c> we</c>

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practice is still in the process but we
 

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practice is still in the process but we
have<00:06:06.800><c> have</c><00:06:07.000><c> the</c><00:06:07.160><c> discussed</c><00:06:07.599><c> with</c><00:06:07.759><c> a</c><00:06:07.960><c> specific</c>

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have have the discussed with a specific
 

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have have the discussed with a specific
example<00:06:09.319><c> we</c><00:06:09.479><c> are</c><00:06:09.639><c> forming</c><00:06:10.000><c> the</c><00:06:10.240><c> common</c><00:06:10.599><c> fund</c>

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example we are forming the common fund
 

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example we are forming the common fund
with<00:06:11.080><c> a</c><00:06:11.440><c> study</c><00:06:11.800><c> stream</c><00:06:12.199><c> of</c><00:06:12.360><c> the</c><00:06:12.440><c> funds</c><00:06:12.720><c> as</c>

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with a study stream of the funds as
 

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with a study stream of the funds as
resources<00:06:13.479><c> through</c><00:06:13.680><c> the</c><00:06:13.800><c> merch</c><00:06:14.120><c> Pro</c><00:06:14.319><c> channel</c>

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resources through the merch Pro channel
 

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resources through the merch Pro channel
that<00:06:15.599><c> common</c><00:06:15.840><c> finds</c><00:06:16.120><c> are</c><00:06:16.280><c> matched</c><00:06:16.599><c> using</c>

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that common finds are matched using
 

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that common finds are matched using
methods<00:06:17.360><c> such</c><00:06:17.520><c> as</c><00:06:17.840><c> quadratic</c><00:06:18.560><c> funding</c><00:06:19.560><c> in</c>

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methods such as quadratic funding in
 

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methods such as quadratic funding in
Japan<00:06:20.120><c> we</c><00:06:20.240><c> are</c><00:06:20.400><c> currently</c><00:06:20.960><c> conducting</c>

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Japan we are currently conducting
 

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Japan we are currently conducting
demonstration<00:06:22.440><c> in</c><00:06:22.720><c> for</c><00:06:23.120><c> four</c><00:06:23.440><c> area</c><00:06:23.919><c> and</c><00:06:24.039><c> they</c>

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demonstration in for four area and they
 

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demonstration in for four area and they
plan<00:06:24.440><c> to</c><00:06:24.599><c> conduct</c><00:06:25.039><c> demonstration</c><00:06:25.680><c> outside</c><00:06:26.039><c> of</c>

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plan to conduct demonstration outside of
 

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plan to conduct demonstration outside of
Japan<00:06:26.520><c> in</c><00:06:26.599><c> the</c><00:06:26.720><c> near</c>

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Japan in the near
 

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Japan in the near
future<00:06:29.599><c> local</c><00:06:29.919><c> coup</c><00:06:30.120><c> is</c><00:06:30.199><c> a</c><00:06:30.400><c> strategy</c><00:06:30.919><c> to</c><00:06:31.120><c> start</c>

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future local coup is a strategy to start
 

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future local coup is a strategy to start
by<00:06:31.639><c> creating</c><00:06:32.000><c> a</c><00:06:32.160><c> subsystem</c><00:06:32.840><c> of</c><00:06:33.039><c> local</c>

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by creating a subsystem of local
 

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by creating a subsystem of local
government<00:06:34.479><c> in</c><00:06:34.639><c> Japan</c><00:06:35.120><c> which</c><00:06:35.240><c> is</c><00:06:35.720><c> facing</c><00:06:36.160><c> the</c>

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government in Japan which is facing the
 

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government in Japan which is facing the
rapid<00:06:36.800><c> population</c><00:06:37.280><c> Decline</c><00:06:37.800><c> and</c><00:06:38.000><c> it's</c><00:06:38.160><c> an</c>

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rapid population Decline and it's an
 

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rapid population Decline and it's an
excellent<00:06:39.080><c> opportunity</c><00:06:39.680><c> to</c><00:06:39.960><c> design</c><00:06:40.440><c> the</c>

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excellent opportunity to design the
 

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excellent opportunity to design the
original<00:06:41.360><c> radical</c>

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original radical
 

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original radical
self-government<00:06:43.479><c> we</c><00:06:43.680><c> intend</c><00:06:44.080><c> to</c><00:06:44.280><c> develop</c>

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self-government we intend to develop
 

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self-government we intend to develop
local<00:06:45.080><c> Coupe</c><00:06:45.639><c> as</c><00:06:45.759><c> the</c><00:06:45.919><c> main</c><00:06:46.240><c> system</c><00:06:46.560><c> to</c>

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local Coupe as the main system to
 

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local Coupe as the main system to
implement<00:06:47.319><c> a</c><00:06:47.479><c> plural</c><00:06:47.880><c> world</c><00:06:48.240><c> where</c><00:06:48.440><c> people</c>

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implement a plural world where people
 

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implement a plural world where people
freely<00:06:49.160><c> move</c><00:06:49.800><c> between</c><00:06:50.440><c> mple</c><00:06:51.039><c> community</c><00:06:51.479><c> and</c>

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freely move between mple community and
 

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freely move between mple community and
help<00:06:52.120><c> each</c><00:06:52.280><c> other</c><00:06:52.919><c> creating</c><00:06:53.319><c> the</c><00:06:53.560><c> communities</c>

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help each other creating the communities
 

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help each other creating the communities
that<00:06:54.479><c> are</c><00:06:54.680><c> self</c><00:06:55.199><c> sering</c><00:06:55.720><c> but</c><00:06:55.919><c> necessary</c><00:06:56.360><c> for</c>

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that are self sering but necessary for
 

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that are self sering but necessary for
survival<00:06:58.000><c> thank</c><00:06:58.199><c> you</c><00:06:59.120><c> thank</c><00:06:59.360><c> you</c><00:06:59.599><c> thank</c>

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survival thank you thank you thank
 

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survival thank you thank you thank
you<00:07:02.039><c> it's</c><00:07:02.240><c> very</c><00:07:02.440><c> interesting</c><00:07:02.919><c> cuz</c><00:07:03.120><c> some</c><00:07:03.360><c> of</c>

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you it's very interesting cuz some of
 

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you it's very interesting cuz some of
the<00:07:03.879><c> community</c><00:07:04.319><c> members</c><00:07:04.639><c> in</c><00:07:04.840><c> Taiwan</c><00:07:05.280><c> actually</c>

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the community members in Taiwan actually
 

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the community members in Taiwan actually
uh<00:07:06.440><c> get</c><00:07:06.639><c> a</c><00:07:06.800><c> resource</c><00:07:07.199><c> to</c><00:07:07.360><c> buy</c><00:07:07.599><c> one</c><00:07:07.720><c> of</c><00:07:07.840><c> the</c><00:07:07.960><c> mft</c>

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uh get a resource to buy one of the mft
 

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uh get a resource to buy one of the mft
so<00:07:08.840><c> we're</c><00:07:09.360><c> technically</c><00:07:10.000><c> one</c><00:07:10.120><c> of</c><00:07:10.280><c> the</c>

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so we're technically one of the
 

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so we're technically one of the
villagers<00:07:11.639><c> uh</c><00:07:11.800><c> any</c><00:07:12.039><c> questions</c><00:07:12.720><c> uh</c><00:07:12.840><c> from</c><00:07:12.960><c> the</c>

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audience<00:07:18.160><c> anyone</c><00:07:19.160><c> okay</c><00:07:19.759><c> de</c><00:07:20.759><c> oh</c><00:07:21.000><c> I'm</c><00:07:21.080><c> going</c><00:07:21.199><c> to</c>

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audience anyone okay de oh I'm going to
 

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audience anyone okay de oh I'm going to
throw

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it<00:07:25.479><c> oh</c><00:07:25.960><c> oops</c><00:07:26.960><c> very</c><00:07:27.199><c> far</c>

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nice<00:07:31.440><c> uh</c><00:07:31.879><c> thank</c><00:07:32.039><c> you</c><00:07:32.160><c> so</c><00:07:32.319><c> much</c><00:07:32.479><c> for</c><00:07:32.720><c> the</c><00:07:33.400><c> very</c>

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nice uh thank you so much for the very
 

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nice uh thank you so much for the very
brief<00:07:34.240><c> uh</c><00:07:34.440><c> you</c><00:07:34.560><c> know</c><00:07:34.720><c> overview</c><00:07:35.639><c> I</c><00:07:35.879><c> wondering</c>

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brief uh you know overview I wondering
 

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brief uh you know overview I wondering
if<00:07:36.400><c> there's</c><00:07:36.639><c> ways</c><00:07:37.639><c> like</c><00:07:37.759><c> for</c><00:07:38.080><c> people</c><00:07:38.360><c> outside</c>

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if there's ways like for people outside
 

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if there's ways like for people outside
of<00:07:38.919><c> Japan</c><00:07:39.440><c> who</c><00:07:39.599><c> maybe</c><00:07:39.840><c> don't</c><00:07:40.120><c> have</c><00:07:40.400><c> a</c><00:07:40.639><c> Japanese</c>

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of Japan who maybe don't have a Japanese
 

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of Japan who maybe don't have a Japanese
passport<00:07:42.160><c> uh</c><00:07:42.280><c> to</c><00:07:42.840><c> participate</c><00:07:43.360><c> in</c><00:07:43.520><c> these</c><00:07:43.680><c> kind</c>

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passport uh to participate in these kind
 

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passport uh to participate in these kind
of<00:07:43.960><c> schemes</c><00:07:44.360><c> is</c><00:07:44.560><c> that</c><00:07:44.879><c> part</c><00:07:45.039><c> of</c><00:07:45.159><c> the</c>

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of schemes is that part of the
 

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of schemes is that part of the
conversation<00:07:45.879><c> is</c><00:07:46.000><c> there</c><00:07:46.159><c> any</c><00:07:46.319><c> way</c><00:07:46.479><c> to</c><00:07:46.680><c> design</c>

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conversation is there any way to design
 

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conversation is there any way to design
in<00:07:47.520><c> digital</c><00:07:47.879><c> Nomads</c><00:07:48.280><c> to</c><00:07:48.440><c> come</c><00:07:48.599><c> in</c><00:07:48.759><c> and</c>

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in digital Nomads to come in and
 

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in digital Nomads to come in and
experience<00:07:49.800><c> even</c><00:07:50.000><c> for</c><00:07:50.319><c> short</c><00:07:50.560><c> periods</c><00:07:50.879><c> of</c>

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experience even for short periods of
 

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experience even for short periods of
time<00:07:52.479><c> uh</c><00:07:52.680><c> in</c><00:07:52.879><c> Japan</c><00:07:53.240><c> there's</c><00:07:53.599><c> some</c><00:07:53.800><c> kind</c><00:07:53.960><c> of</c>

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time uh in Japan there's some kind of
 

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time uh in Japan there's some kind of
discussion<00:07:54.639><c> about</c><00:07:54.879><c> the</c><00:07:55.000><c> digital</c><00:07:55.400><c> NAD</c><00:07:55.879><c> Visa</c><00:07:56.280><c> ID</c>

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discussion about the digital NAD Visa ID
 

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discussion about the digital NAD Visa ID
but<00:07:57.560><c> it's</c><00:07:57.759><c> kind</c><00:07:57.879><c> of</c><00:07:58.199><c> separated</c><00:07:59.120><c> so</c><00:07:59.759><c> now</c><00:08:00.080><c> we</c><00:08:00.280><c> are</c>

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but it's kind of separated so now we are
 

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but it's kind of separated so now we are
uh<00:08:01.280><c> just</c><00:08:01.680><c> a</c><00:08:02.280><c> uh</c><00:08:02.879><c> for</c><00:08:03.080><c> example</c><00:08:03.639><c> nisho</c><00:08:04.639><c> nft</c><00:08:05.159><c> is</c>

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uh just a uh for example nisho nft is
 

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uh just a uh for example nisho nft is
just<00:08:06.120><c> uh</c><00:08:06.599><c> digital</c><00:08:07.599><c> uh</c><00:08:07.800><c> resident</c><00:08:08.520><c> certificate</c>

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just uh digital uh resident certificate
 

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just uh digital uh resident certificate
nftd<00:08:09.919><c> so</c><00:08:10.319><c> you</c><00:08:10.680><c> can</c><00:08:11.680><c> uh</c><00:08:12.440><c> participate</c><00:08:13.159><c> the</c>

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nftd so you can uh participate the
 

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nftd so you can uh participate the
discussion<00:08:14.080><c> and</c><00:08:14.199><c> then</c><00:08:14.360><c> you</c><00:08:14.479><c> can</c><00:08:14.680><c> participate</c>

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discussion and then you can participate
 

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discussion and then you can participate
the<00:08:15.199><c> voting</c><00:08:15.919><c> and</c><00:08:16.199><c> also</c><00:08:16.479><c> you</c><00:08:16.599><c> can</c><00:08:16.840><c> visit</c><00:08:17.240><c> to</c><00:08:17.960><c> the</c>

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the voting and also you can visit to the
 

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the voting and also you can visit to the
village<00:08:18.879><c> and</c><00:08:19.120><c> stay</c><00:08:19.800><c> and</c><00:08:20.520><c> talk</c><00:08:20.840><c> with</c><00:08:21.120><c> the</c><00:08:21.440><c> local</c>

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village and stay and talk with the local
 

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village and stay and talk with the local
resident<00:08:22.919><c> and</c><00:08:23.240><c> people</c><00:08:24.000><c> and</c><00:08:24.639><c> participate</c><00:08:25.280><c> the</c>

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resident and people and participate the
 

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resident and people and participate the
festival<00:08:26.520><c> something</c><00:08:26.919><c> like</c><00:08:27.319><c> that</c><00:08:28.319><c> and</c><00:08:28.680><c> uh</c><00:08:29.159><c> it's</c>

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festival something like that and uh it's
 

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festival something like that and uh it's
it's<00:08:30.199><c> interesting</c><00:08:31.159><c> uh</c><00:08:31.520><c> there's</c><00:08:31.879><c> so</c><00:08:32.640><c> many</c>

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it's interesting uh there's so many
 

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it's interesting uh there's so many
elderly<00:08:33.640><c> people</c><00:08:34.640><c> over</c><00:08:35.080><c> 80</c><00:08:35.599><c> 990</c><00:08:36.120><c> years</c><00:08:36.320><c> old</c><00:08:36.839><c> but</c>

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elderly people over 80 990 years old but
 

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elderly people over 80 990 years old but
they<00:08:37.519><c> all</c>

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they all
 

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they all
realize<00:08:39.440><c> digital</c><00:08:40.279><c> villagers</c><00:08:41.279><c> so</c><00:08:41.719><c> if</c><00:08:41.839><c> you</c><00:08:42.080><c> a</c>

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realize digital villagers so if you a
 

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realize digital villagers so if you a
digital<00:08:42.560><c> villager</c><00:08:42.959><c> and</c><00:08:43.240><c> go</c><00:08:43.399><c> to</c><00:08:43.560><c> the</c><00:08:43.680><c> yamak</c>

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digital villager and go to the yamak
 

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digital villager and go to the yamak
Village<00:08:45.240><c> probably</c><00:08:46.200><c> elderly</c><00:08:47.040><c> the</c><00:08:47.320><c> little</c><00:08:48.320><c> Oban</c>

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Village probably elderly the little Oban
 

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Village probably elderly the little Oban
grandmother<00:08:50.279><c> Grandpa</c><00:08:51.200><c> and</c><00:08:51.720><c> ask</c><00:08:52.040><c> you</c><00:08:52.640><c> where</c>

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grandmother Grandpa and ask you where
 

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grandmother Grandpa and ask you where
are<00:08:52.880><c> you</c><00:08:53.040><c> from</c><00:08:53.480><c> are</c><00:08:53.560><c> you</c><00:08:54.040><c> dis</c><00:08:55.040><c> wow</c><00:08:55.519><c> welcome</c><00:08:55.920><c> to</c>

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are you from are you dis wow welcome to
 

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are you from are you dis wow welcome to
yamakoshi<00:08:57.680><c> that's</c><00:08:58.040><c> happening</c><00:08:58.839><c> they</c><00:08:59.000><c> don't</c><00:08:59.560><c> no</c>

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yamakoshi that's happening they don't no
 

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yamakoshi that's happening they don't no
they<00:09:00.680><c> have</c><00:09:00.839><c> no</c><00:09:01.079><c> idea</c><00:09:01.399><c> about</c><00:09:02.000><c> blockchain</c>

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they have no idea about blockchain
 

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they have no idea about blockchain
ethereum<00:09:03.920><c> but</c><00:09:04.160><c> they</c><00:09:04.399><c> realize</c><00:09:04.920><c> the</c>

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ethereum but they realize the
 

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ethereum but they realize the
relationship<00:09:06.320><c> between</c><00:09:06.880><c> the</c><00:09:07.399><c> local</c><00:09:07.800><c> lient</c><00:09:08.200><c> and</c>

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relationship between the local lient and
 

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relationship between the local lient and
you<00:09:09.000><c> know</c><00:09:09.360><c> outside</c><00:09:09.800><c> of</c><00:09:10.040><c> people</c><00:09:10.480><c> digal</c><00:09:11.000><c> villag</c>

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you know outside of people digal villag
 

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you know outside of people digal villag
that's<00:09:12.240><c> wonderful</c><00:09:12.720><c> I</c><00:09:13.079><c> think</c><00:09:14.079><c> thank</c><00:09:14.240><c> you</c><00:09:14.360><c> for</c>

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that's wonderful I think thank you for
 

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that's wonderful I think thank you for
your<00:09:16.000><c> question</c><00:09:17.000><c> thank</c><00:09:17.240><c> you</c><00:09:17.640><c> I'm</c><00:09:17.800><c> sorry</c><00:09:18.120><c> but</c><00:09:18.240><c> we</c>

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your question thank you I'm sorry but we
 

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your question thank you I'm sorry but we
only

